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Is Technical Analysis Prophetic or Preposterous? We Asked 7 Crypto Traders

From coindesk.com

For most of October, analysts in the bitcoin market were warning that the death cross was coming – using what's known in the trading business as technical analysis. Technical analysis, or TA for short, is the art of divining future price movements by studying charts detailing how various assets have traded in the past. Patterns are discovered. Those patterns are compared with patterns that occurred previously. The assumption is that the past patterns will hold in the future, providing price predictions and a good chance to profit. A death cross, in the practice of TA, occurs when the line tracking an asset’s price ... (full story)

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